QLogitek

Mississauga, Canada Founded: 1999 • Age: 27 yrs Acquired By SEB
Cloud-based and on-premise B2B EDI solutions
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About QLogitek

QLogitek is a company based in Mississauga (Canada) founded in 1999 by Latiq Qureshi was acquired by SEB in September 2012.. The company has 31 employees as of December 31, 2024. QLogitek offers products and services including Application Development & Maintenance, Cloud & On-Premise Integration, Infrastructure & Hosting, Network Services, and IT Security Solutions. QLogitek operates in a competitive market with competitors including Stedi, TransVoyant, Throughput, Enmovil and Panjiva, among others.

  • Headquarter Mississauga, Canada
  • Employees 31 as on 31 Dec, 2024
  • Founders Latiq Qureshi
  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Logitek Technology Ltd.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    SEB

    & 1 more

  • Employee Count
    31

    as on Dec 31, 2024

  • Acquired by
    SEB

    (Sep 18, 2012)

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Products & Services of QLogitek

QLogitek offers a comprehensive portfolio of products and services, including Application Development & Maintenance, Cloud & On-Premise Integration, Infrastructure & Hosting, Network Services, and IT Security Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for developing and maintaining software applications

Integration solutions for cloud and on-premise systems

Hosting and management of IT infrastructure

Services for network design and maintenance

Solutions for protecting IT systems and data

Funding Insights of QLogitek

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2010 Amount Grant - QLogitek Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in QLogitek

QLogitek has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SEB and Ontario Chamber of Commerce. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Advocates for Ontario businesses through policy, events, and networking programs.
Founded Year Domain Location
Digital transformation and employee benefits solutions are provided by SEB.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by QLogitek

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - QLogitek

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Qlogitek Comparisons

Employees
+
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Competitors of QLogitek

QLogitek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stedi, TransVoyant, Throughput, Enmovil and Panjiva, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
EDI platform is utilized for automating B2B transactions.
domain founded_year HQ Location
Big-data analytics are offered for supply chain and national security.
domain founded_year HQ Location
Bottlenecks in supply chains are identified by an AI platform.
domain founded_year HQ Location
AI and SaaS-based solutions for multi-modal transportation management are provided.
domain founded_year HQ Location
Global Trade Search Engine
domain founded_year HQ Location
Cloud-based EDI solutions are provided to the logistics industry.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Qlogitek

Frequently Asked Questions about QLogitek

When was QLogitek founded?

QLogitek was founded in 1999 and raised its 1st funding round 11 years after it was founded.

Where is QLogitek located?

QLogitek is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.

Who is the current CEO of QLogitek?

Latiq Qureshi is the current CEO of QLogitek. They have also founded this company.

How many employees does QLogitek have?

As of Dec 31, 2024, the latest employee count at QLogitek is 31.

What does QLogitek do?

QLogitek was established in 1999 in Mississauga, Canada, as a provider of B2B-EDI solutions for supply chain management. Enterprises are connected with trading partners through the companys product suite, which supports processes including EDI for order fulfillment, inbound management for distribution centers, repair-order tracking, scan-based trading, product lifecycle management, and claims processing. Operations focus on cloud-based and on-premise deployments in the logistics sector.

Who are the top competitors of QLogitek?

QLogitek's top competitors include Throughput, Stedi and Panjiva.

What products or services does QLogitek offer?

QLogitek offers Application Development & Maintenance, Cloud & On-Premise Integration, Infrastructure & Hosting, Network Services, and IT Security Solutions.

Who are QLogitek's investors?

QLogitek has 2 investors. Key investors include SEB, and Ontario Chamber of Commerce.

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